Africa Oil & Gas: Daewoo Shipbuilding to deliver two drillships to Sonangol in early 2019

Africa Oil & Gas: Daewoo Shipbuilding to deliver two drillships to Sonangol in early 2019

To remind, Back in 2013 Daewoo secured an order from Sonangol to build two drillships and scheduled the delivery for 2016. However, the Angolan state-owned oil company balked at full payment as its financial situation worsened amid a fall in global oil prices and the drillship were never delivered.

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Africa Oil & Gas: “Daewoo Shipbuilding ends drillship dispute with Angola’s Sonangol” – reports

Africa Oil & Gas: “Daewoo Shipbuilding ends drillship dispute with Angola’s Sonangol” – reports

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has reportedly resolved its differences with Angola’s Sonangol and made plans to deliver two drillships next year, which will end a longstanding dispute over a delay in the delivery.

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